STA 0.00% 9.5¢ strandline resources limited

Makes no sense at all... I'd be wary giving any weight to one...

  1. 2ic
    5,868 Posts.
    lightbulb Created with Sketch. 4864
    Makes no sense at all... I'd be wary giving any weight to one shipment (quality?). Ti-sand prices are exponentially proportional to TiO2 content, as per this ILU chart
    https://hotcopper.com.au/data/attachments/5432/5432042-62aeff32f25e36f7fad8319e6400ae97.jpg
    Sulphate ilmenite is typically around 50% TiO2 and Chloride ilm is typically high 50's (Coburn >60% from memory). Straight-up, Coburn chloride Ilm should be 20% higher priced than typical sulphate ilm on the basis it has 20% higher TiO2 units each tonne. Then add in the 'quality feed multiplier' and >60% TiO2 chloride ilm should be priced maybe 30% higher than sulphate... unless the TiO2 market dynamics have flipped on their head. The opposite should be true moving forward as higher premiums are priced in to 'clean, low-CO2' TiO2 feedstocks.

 
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